Housers investment

I was very bearish on Housers, both as a platform and as equity investment, but as i had 1000€ in the platform after difficulties putting money there, I have invested in 4 projects and after one year i will try to see what the true return will be, as in my opinion.

One thing i see that is already missing in the system is AutoInvest, because i see that i will get monthly returns so i will have to re-invest it manually.

 

some projects will have negative ROI

Brickowner vs Housers equity

I believe the lean P2P companies will eat the banks in the near future. I commited 5k investment in equity of Brickowner and now thinking about getting the equity in Housers

In Brickowner i invested as a client and in Housers i have just made a deposit, but didn’t choose any property yet. Even though they have 60 employees their customer support sucks and the company itself is not clear for me. Who are they and what they do? Whom the projects belong to? Who is the lemonway (deposit is made to them)? What is the purpose of 2 subsidiaries which they own at 64% and 70%?

 HousersBrickownerEstateGuru
2017 October raising850k @ 44M 120k @ 2,5Mtotal raised 117k
Loans issued up to date *M320,2730
ProsPan EuropeanLean companyLean and transparent company
Cons60 employeesFew properties for investorsServing 3 small markets

Finally i decide to skip investing in Housers equity because there are too many unanswered question to which they hide “For confidentality issues” we can not answer you….

 

Property Partners
March 2016 – Property Partner raised a £15.9m Series B in March 2016. Valuation: £60m pre-money
⎝ Run rate of aprox. 2.4 million pounds monthly at the time of investment
o https://www.propertypartner.co/
o https://resources.propertypartner.co/
Other relevant data
⎝ Actual run rate of 2.7 million pounds in August 2017
o https://www.propertypartner.co/
o https://resources.propertypartner.co/
⎝ This is done with a leverage of almost 50% in most of their projects
⎝ Just one country
Time since company being incorporated
⎝ Funded in 28 May 2014 – more time to get to the 2-5 mn. mark

Exporo
May 2017: Capital Round of €8 million at €59 million pre-money
⎝ Run rate at the time of the round of €3.4 m – €4m
o (https://www.gruenderszene.de/allgemein/exporo-erhaelt-weitere-acht-millionen)
⎝ Just one country
⎝ Funded in 2013 – more than to achieve the 2.5 mn. Mark

The House Crowd
⎝ Actual Run rate of 2.5 million pounds,
o In 20 July 2017 -The House Crowd has raised £15m in the past six months, taking its total fundraising to date to £50m.
♣ http://www.propertyweek.com/finance/the-house-crowd-hits-%C2%A350m-milestone/5090523.article
⎝ Just one country
⎝ Funded in 29 December 2011 – more than to achieve the 2.5 mn. mark

Housers
⎝ Actual run rate of approx. 2.5 million euros
⎝ Presence in 1 country plus 2 additional (starting), 95% of investment comes only from Spain. First of the previous offering properties in 3 countries
⎝ Funded in 2015 (latest player – faster growth)- Less months to get to the €2.5 m. mark
⎝ Country with lower purchasing power (less consumption and investment per habitant)

Revolut vs N26

I have been using both services for more than 6 months. I would say the Revolut was better in the beginning, but then were were two reasons why i switched to N26

  1. I reached the limit in Revolut and lifting 3 times was pain in the ass, and finally i was too bored to do that again.
  2. I need more than 200€ of cash every month.

Which is better?

If I could choose only one, i would choose N26 just because of the withdrawal. In general having both is good option and sometimes convenience especially if that card is dominant card in your country – so you can send money easy for your nanny or split the bills with friends.

 RevolutN26
Free withdrawal in Spain200€5000€
User experienceClear winner. Super easy and intuitive.The could just copy the Revolut here 🙂 especially that the card number could be visible in the app
Customer supportin app. with delaysold school email writing.

p.s. I am investor in Revolut

P2P portfolio 2017 Q3

Bondora. I did not make additional deposits to Bondora, but I have reinvested profit to #strategy3 High Risk loans. 157 loans for 2148€. Average return 78%. My total size of #strategy3 is 3428€ in almost 300 loans. Only 48 of them defaulted bringing 550€ of loss. My strategy works. Isn’t it ? 🙂 (net return on dashboard 10.2%)

Mintos. Less than 1% of bad debt – actually 0,16%. 12.95% return. During this period Mintos added new new loan originators from Bulgaria, Botswana and Czech Republic. I think i will ad 3k: 1k to each new country/originator. *mintos review

Twino. Their system is fucked up. I see 927€ cash idle. Trying to find loans – have one match. Return 11.99%

Housers. Deposited 1000€ but did not make any investment yet.

Brickowner. Deposited 1000GBP. Made one investment of 100.

Plan for 2017 Q4: Open 3 more accounts.

p.s. found a way to invest idle cash in Twino: created the auto-invest portfolio. 11% with buy-back guarantee in Kazakhstan

 

 

BillionToOne investment

I have invested in Billion To One a startup that is trying to make prenatal testing easy/cheap and safe. Even though i stopped my first ”fund” of startups, I have chosen to invest in this particular one because i believe and support their mission:

Our mission is to make prenatal diagnostics safe and affordable for all.

If there will be 1% advance in prenatal testing made and  i will lose all my investment – I will be happy with the outcome

Bankera ICO. Why not to invest in pre-ico?

The good

  • Based on already working project SpectroCoin
  • Paying dividends from day one
  • Reputable team

The Bad

  • Low ROI on affiliate/dividend earning.
  • No EU regulations yet and it might take longer than expected
  • Spectrocoin claims making 500k/day in transaction, but they are not found in here

Things to consider

If pre-ICO raises 499.999.999 BNK, or 5.000.000 € (the lowest step) [total valuation 50m]

Current Spectrocoin profit is ±225k € (by the way my comment and their reply has been deleted from facebook feed) and the dividend for token holders are 40k (0,5M / year)

Dividend only 1%, if the first volume step is funded. (if the second one or third the yield gets even lower)

Another similar Estonian/Russian bank Polybius has a valuation of 25M. (i have a very small ‘play-money’ in it and my personal investment is down ±20%)

Prediction

I will not invest in pre-ico, because it is pure gambling, but i do not say that i will not invest in ico or after ico, when the valuation of company is in range of 10-25M

 

 

Very unprofessional video for a company that claims making 2M of profits per year currently. Antanas Guoga TonyG a very charismatic person, public figure and good speaker this time seems like speaking so difficult to understand for the beginners or the pros. And the interviewer from the marketing reading from the A4 pages looks like unprepared school girl.

 

 

The crisis may not come any time soon

Everybody agrees that the crisis or correction will come. I can not disagree with that. My idea is that investing (dollar cost averaging) should be more beneficial (Schwab study) than waiting for the crisis to come. It may come but it may be very short and recover very fast. Technically we are in second longest bull market not affected by recession. But the bear market of 1987 was only 3 months.

1987 August 21 the highest was 335.90

1987 December 4 the lowest was 223.92 (33% fall). From that moment The bull market started again.

1989 July 21 it crossed the 335.90 again

Conclusion: timing market is not a good idea.

Prediction: no one knows if crisis will come this year or in next 10 years. And for the reason that there is huge anticipation that the crisis is near, for that reason I would bet that it might not come soon. Reason #2 is that people still remember 2008. Reason #3 People have too much cash and moderate debt (look at the insane ICOs)

selling bad loans on Bondora secondary market

Last week i have posted all of my defaulted loans on secondary market with a 50% discount. None of them moved out for few days. So i raised the discount to 75% and 78 loans were sold. 85% of them were estonian loans. Only 3 HR Spanish loans.
177 defaulted loans left with total principal of 7404€. My profit in the dashboard is 2845€ with net return 10.55%, by my historical portfolio 8.24% and total portfolio 5.3%.

strategy #3.  total default 24 loans. Total purchased 242.

Full Bondora review

p.s. I do not recommend Bondora for safe, automatic, high return investment. If you do register, please use my referral link

Startup vs ICO. Revolut vs TenX

I have invested in Revolut, my friend invested in TenX. Both have a similar service: free currency exchange bank card

 RevolutTenX
Valuation55M (2016 June)80M (2017 June)
Does it have a product?Yes. 200k users at that time.Not public. 1000 Beta testers.
New users per day15000
Competitive advantageFree currency exchange0.1% cashback on spent cryptocurrency
CompetitorsN26Mona.co
valuation 2017 08420M420M
active users 2017 08500.0000

After Revolut announced that it will ad 3 main cryptocurrencies to its app – what is the competitive advantage of TenX then?

What valuation would i give?

5-10M: ±12 times! less than it is now. Competitor Monaco has now a 9M valuation